CVR Energy
CVR Energy, Inc., a prominent player in the energy sector, is headquartered in the United States, with significant operations across various regions. Founded in 2007, the company has established itself in the refining and nitrogen fertiliser industries, focusing on the production of high-quality fuels and essential agricultural products. CVR Energy operates two refineries, strategically located in Kansas and Oklahoma, which enable it to efficiently serve diverse markets. The company’s unique approach to refining and its commitment to sustainability have positioned it as a leader in the industry. Notable achievements include its robust market presence and innovative practices that enhance operational efficiency. With a strong emphasis on safety and environmental stewardship, CVR Energy continues to drive growth and deliver value to its stakeholders.
DitchCarbon Score
How does CVR Energy's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Metal Fabrication industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
CVR Energy's score of 22 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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CVR Energy's reported carbon emissions
In 2023, CVR Energy reported total carbon emissions of approximately 4,370,000,000 kg CO2e, comprising about 3,560,000,000 kg CO2e from Scope 1 emissions and about 810,000,000 kg CO2e from Scope 2 emissions. This data reflects a significant increase in emissions compared to 2022, when the company recorded approximately 3,620,000,000 kg CO2e (2,970,000,000 kg CO2e from Scope 1 and 650,000,000 kg CO2e from Scope 2). CVR Energy has not disclosed any Scope 3 emissions data, nor have they set specific reduction targets or initiatives as part of their climate commitments. The absence of reduction targets suggests a need for further development in their sustainability strategy. The emissions data is cascaded from their parent company, CVR Energy, Inc., indicating that the figures are part of a broader corporate family approach to emissions reporting. As a current subsidiary, CVR Energy, Inc. provides the foundational data for understanding the environmental impact of its operations. Overall, while CVR Energy's emissions have increased, the lack of defined reduction targets highlights an area for potential improvement in their climate strategy.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 3,360,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 620,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
CVR Energy is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
